| | | Re: Young Folk Portfolio ... Add on Buys and 1 Sell
Portfolio Objective:
The portfolio value needs to grow at an 8.25% CAGR.
The dividend cash flows need to grow at a 13.8% CAGR.
I've been trying to bring this portfolio down to 50-55 holdings and in the process, trying to offset capital gains that were realized at the beginning of the year.
Today I was working with the taxable account only and in looking at the holdings in that portfolio, I determined that T was the weakest holding thus I sold T today. It was sold for a 14% loss which equated to around a $600 and change loss in dollars and cents.
With the proceeds from the sale of T and a few dividends that came in today, I wanted to add to the smaller positions and bring them up in size so I added to the following positions:
XYLD .. RYLD .. NKE .. SYY .. MA .. NSC .. PG .. D.
I have adjusted the size of a full position, in the taxable account alone, from $4,000 to $10,000 each. A full position in the Roth remains at $4,000. Additionally, in the taxable account, the high yield ETF's and CEF's are going to remain at $4,000 for a full position, all other equity holdings at $10,000.
With this in mind, here are today's buys and the current position size now.
XYLD - 8 shares ... $4,122
RYLD - 16 shares ... $4,099
Those are now considered full and will be trimmed as they grow on their own.
NKE - 3 shares ... $6,044
SYY - 13 ... $6,051
MA - 1 share ... $8,165
NSC - 4 shares ... $7,280
PG - 4 shares ... $8,067
D - 3 shares ... $4,157
This move cost me $99 loss in annual dividends but helped the overall account dividend growth to rise from 6.1% to 7.5%. I believe more capital growth potential was gained as well. |
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